Dutch civil engineering group Arcadis wins contract for new Suez tunnel
Civil engineering group Arcadis has won a contract to design a new road tunnel under the Suez Canal, the 193-km waterway which connects the Mediterranean sea with the Indian ocean, the company said on Monday. Financial details were not revealed.
Amsterdam-based Arcadis said it won the multi-year contract partly because of its prior involvement in the Ismaïlia road tunnel under the waterway.
The new 3-km tunnel is part of a larger project to stimulate the Egyptian economy. Arcadis will deliver the complete design of the tunnel which has a 13-metre tube and will reach a maximum depth of 40 metres.
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